A life of financial freedom is the ultimate dream, at least for most of us. It is thus no surprise that you have worked hard in school and managed to acquire that well-paying job with all the benefits, hoping that it will set you on a path to financial freedom. Still,...
Dollar bills in a jar.Many of us want to be millionaires. According to Phillip J. Müller, the journey to becoming a millionaire and having absolute financial freedom is all about having the right mentality. He also puts it clear that financial freedom is all about...
If you pay attention to the grocery stores, gas stations, or even take a look at your heating bill, one thing is clear— prices are getting higher. It implies that inflation is knocking, which is why necessary financial plans need to be strategized to face the...
As you plan on your retirement, one of the best, prudent financial moves you can take is to maximize your Social Security benefits as much as possible. The question is, why and how? The main reason for this course is that when you retire, the sources of income and...
The BOLI, CUOLI, COLI and YOU! Banks have gained a lot of success from life insurance, but it does not mean that they are the only ones entitled to these benefits. Credit unions have also joined this Investment by buying life insurance, known as CUOLI (corporate-owned...
Why banks buy life insurance Banks’ primary objective of buying life insurance is to acquire the benefits not available in their products and other institutions. Compared to the bank’s products that are taxable and low rates, life insurance offers a...
